Skip to main content

About your Search

20121224
20130101
Search Results 0 to 8 of about 9
at these people falling one by one through thin ice. >> give me the rope from under the seat. >>> fiscal cliff hanger. >> the hour for immediate action is here. it's now. >> t-minus three days until everyone's taxes go up. the politicians are in a mad scramble this morning. so, what are the odds of a deal to prevent disaster? >>> the price of fashion. are your skinny jeans a health risk? why doctors are warning of nerve damage, abdominal pain, heart burn, even blood clots. >>> is britney spears about to lose her job as a judge on a talent show? why simon cowell reportedly calls her toxic to the show's success. >>> and good morning, everyone. we've got a lot to get to this last week of 2012. can you believe this year is almost over? and of course, we're going to start the show with weather. take a look at snow falling overnight in illinois. the year ending with a one-two punch of nasty weather for much of the country. ginger zee will tell us how it will affect your travel plans. >> nothing makes ginger happier than a big winter storm. we'll talk to her in just a moment. >>> speaking of travel.
the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come
about the fiscal cliff lately. how will it actually affect you? what happens to your taxes if we go off the cliff? according to the tax policy center if you're sing well no children and make $50,000 a year you will see your taxes go up by $1,500 if no deal is reached. married couple with two kids making $100,000 would see their taxes go up a whopping $5,300 per year. taxes will go up the same amount underneath the democratic and republican plans if no deal is reached. just one day after the christmas holiday, president obama is packing his bags, heading back to washington to try to forge a deal on the fiscal cliff, with just six days left to negotiate, a deal to avoid the catastrophic cliff, the president will leave hawaii tonight to try to work on a bargain between democrats and republicans. brianna keilar is traveling with the president in hawaii and joins us now. good morning, brianna. did the president cut his vacation short or was it planned all along? >> reporter: he did cut his vacation short from what was initially planned which was to go through the new year, so yes, he cut it
on the fiscal cliff. senate leaders are working on a last ditch agreement. they hope to vote as soon as tomorrow. both houses will reconvene tomorrow. some republicans suggest racing taxes for those earning at least a million, the president and democrats want increases on making more than $250,000 a year. >> we can't afford a politiclyself inflicted wound to the economy. the economy is growing but keeping that way means the folks you sent to washington have to do their jobs. >> the president said congress must meet the new year's deadline and pass a balanced plan. >> the president's proposal to raise taxes on the top 2% won't even pay one third of the interest that's owed on this 16 trillon dollar debt. >> ouri senator gave the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa coul
's not as dire as the whole fiscal cliff situation, but there are a lot of people upset at the game show "wheel of fortune." >> it has to do with a contestant who guessed the right word but lost because of the way she said the word because of her accent. here's abc's john muller. >> reporter: she was on a roll, cruising her way towards thousands on "wheel of fortune. >> n. >> three ns. >> reporter: renee can taste victory. she's got the winning answer. >> i would like to solve. seven swans a swimming. >> reporter: or so she thought. pronouncing swimming swimmin'. >> yeah. >> that's how i speak, you know, being from florida. i had asked for the g, so i knew it was there. >> reporter: judges said it was spoken in vernacular. the twitter lit up with outrage. "wheel of fortune" hates southerners. even the other contestant handed the win couldn't believe it. >> you ddo you know what happen? >> no. >> it cost me the show. >> reporter: while the judges may be grinches, they didn't feel our christmas spirit, even if she sings it seven swams a swimmin'. >> it's been such a whirl wind, i feel like i shou
taxes from going up, you're telling us what you think about that fiscal cliff. >> i would say this is a dramatic understatement. the 2012 political season was filled with memorable moments. how about the 47% or clint eastwood talking to an empty chair? and todd akin's legitimate rape comment. that's just naming a few. candy crowley looks back at the top ten political stories of 2012. >> reporter: picking the top ten moments of an election year is like finding your favorite grain of sand on the beach. there are an impossible number of possibilities. there are the moments when catch phrases become boomerangs. >> if you got a business, you didn't build that. >> i like being able to fire people who provide services to me. >> when cast members stole the spotlight. >> i'm an american woman who us contraception. let's start there. >> almost like an etch a sketch, you can shake it up and we start all over again. >> a fair number of moments ranging from ridiculous to explicable. >> i'm not going to shut up. it's my turn. >> i think it's called romnesia. >> if i were to coin a term it w
from going over the so-called fiscal cliff. they say if president obama and congress don't make a deal we will almost certainly see a recession. do you buy that, steven? >> the congressional budget office is a nonpartisan group that does this and says we will in fact have an immediate rescission. they say that we come out of a short, sharp recession stronger than we would be if we didn't go into that recession in the first place. we stop borrowing money from the future to prop us up now. we have the immediate problems but in the long term we are in gets shape. that's what they are grappling this. how do they best structure this to do the least amount of damage now but get us to the good economy in the future. >> reporter: if you look up a research paper from the president's own economist you'll find in the long run we are healthier, short run, yeah, it's painful. is that what motivates some of the republicans that, you know, what are called chuckle heads, but maybe in the end they are wisdom heads. >> that is certainly part of the motivation there. the other part of the motivation, and
. when we talk about the skwauld fiscal cliff, we talk about tril yons of dollars here. what does it mean for your pay economic and personal finances. here's some consequences if there's no deal. one of the first places you might feel it is in your paychex. the payroll tax holiday expires. that means $83 less per month if you make $50,000 a year. the bush era tax cuts expire, and it's not clear what the tax rate would be. but the average household would see a tax increase of $3500 a year. that is according to the fax policy center. what about the 2012 tax returns? well, there would no fix for the alternative minimum tax, and that would delay tax filings. as many as 100 million people might not be able to file their return until late march. that means tax refunds could also be delayed, and some major tax credits would expire as well including the child tax credit and the earned income tax credit. >>> from a mars landing to a deep water dive, scientific and technical breakthroughs this past year were amazing. here's john zarrella with a look at the top 10. >> at number 10 a revolutionary ca
the fiscal cliff. the hope is both sides can agree to a compromise to prevent the economy from sliding back into recession. judging from the rhetoric on capitol hill, there's a long way to go. here's the day on the hill. >> if we go over the cliff we'll be left with the knowledge that could have been prevented with a single vote in the republican-controlled house of representatives. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker not allowing the vast majority of the house representatives to get what they want. >> we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> it is somewhat like taking your child hostage and saying to somebody else, i'm going to shoot my child if you don't do what i want done. you don't want to shoot your child. there's no republ
Search Results 0 to 8 of about 9